News Release
IFIC Monthly Investment Fund Statistics – September 2022
Mutual Fund and Exchange-Traded Fund Assets and Sales
October 24, 2022 (Toronto) – The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for September 2022.
Mutual fund assets totalled $1.756 trillion at the end of September 2022. Assets decreased by $71.9 billion or 3.9% compared to August 2022. Mutual funds recorded net redemptions of $9.0 billion in September 2022.
ETF assets totalled $287.6 billion at the end of September 2022. Assets decreased by $11.1 billion or 3.7% compared to August 2022. ETFs recorded net sales of $1.8 billion in September 2022.
For more information on these results, click here.
About IFIC
The Investment Funds Institute of Canada is the voice of Canada’s investment funds industry. IFIC brings together approximately 150 organizations, including fund managers, dealers, professional and back-office service providers, to strengthen the integrity of the investment funds industry, foster public confidence in investment funds, and enable investors to achieve good outcomes. By connecting savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation.
For more information please contact:
Pira Kumarasamy
Senior Manager, Communications and Public Affairs
pkumarasamy@ific.ca
416-309-2317